Hosted by the award-winning trade promotions organisation – Caribbean Export Development Agency, the forum will gather heads of government, industry leaders, ministers, and investors from across the world to discuss and explore investment prospects in the Caribbean. With the theme “A Bold New Caribbean,” the forum will shed light on the region’s efforts to attract foreign investment and foster economic transformation.
Executive Director of Caribbean Export, Deodat Maharaj, highlighted the immense investment opportunities available in the Caribbean during a recent interview with The European[JL1]. Maharaj emphasized three key sectors as prime investment priorities: agriculture with a focus on technology, green economy transition, and innovation and digitalization. He stressed that the Caribbean’s rich potential for agricultural innovation could significantly reduce the region’s food import bill, promoting self-sufficiency and economic growth.
Maharaj further highlighted the Caribbean’s readiness to embrace the digital age, making it a welcoming destination for businesses in the field of technology and innovation. He also pointed out the region’s commitment to building a green economy to combat climate change, offering incentives for investors interested in sustainable initiatives.
“The Caribbean is a sea of stability in a world of uncertainty,” Maharaj said, highlighting the region’s political stability, good governance, and well-educated workforce as key factors that make it an attractive investment destination. He noted that the Caribbean’s literacy rate of around 96% and its emphasis on education create a strong foundation for business growth and development.
The Caribbean Investment Forum 2023 will provide a platform for attendees to learn more about the Caribbean’s potential for growth, investment incentives, and business-friendly environment. It will serve as an opportunity for networking, knowledge exchange, and collaboration between local and international stakeholders.
With a goal to achieve a consistent 15% to 20% growth in foreign direct investment over the next several years, the Caribbean Export Development Agency is focused on building a strong foundation for economic resilience and development.
Investors, policymakers, and industry leaders interested in exploring the investment opportunities in the Caribbean are encouraged to participate in the Caribbean Investment Forum 2023. For more information and to register for the event, please visit the official website at http://www.caribbeaninvestmentforum.com
About Caribbean Export
Caribbean Export is the regional trade and investment promotion agency focused on accelerating the economic transformation of the Caribbean. We work closely with businesses to increase exports, attract investment, and contribute towards the creation of jobs to build a resilient Caribbean. We are currently executing the Regional Private Sector Programme (RPSDP) funded by the European Union under the 11th European Development Fund (EDF).
More information about Caribbean Export can be found at www.carib-export.com. Contact: JoEllen Laryea, PR and Communications, Caribbean Export Development Agency, Tel: +1(246) 436-0578, Fax: +1(246) 436-9999, Email: [email protected]
ENDS
Note to Editors: The Caribbean Investment Forum 2023 is organized by the Caribbean Export Development Agency to promote investment opportunities and economic growth in the Caribbean region. The event will take place from October 23rd to 25th at the Royal Atlantis Hotel in Nassau, The Bahamas.*
